DJI placing shares admitted to trading

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Sharecast News | 01 Aug, 2016

Updated : 15:11

Online bookings, mobile payments and lottery sales technology provider DJI Holdings announced on Monday that, further to the announcement it made on 19 July, admission of the placing shares commenced at 0800 BST.

The AIM-traded firm had revealed in its earlier announcement that it was placing 12.1 million new ordinary shares at a price of 95p each, to raise gross proceeds of £11.5m.

“Following admission of the placing shares, DJI will have 206,941,391 Ordinary Shares in issue,” the board confirmed in a statement.

“DJI holds no ordinary shares in treasury.”

The new shares were purchased by blue chip long-term investors, with DJI saying it will use the funding to accelerate its repositioning as an internet technology provider.

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